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H-E-B-anchored retail center in Austin sells to EDENS
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JLL brokers deal on The Rim shopping center in San Antonio May 14, 2021
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for the RIM, the most visited mixed-use, open-air shopping center in Texas.
JLL marketed the property on behalf of the seller, HGR Liquidating Trust, a fund sponsored by Hines. Big V Property Group along with partner Equity Street Capital acquired the asset in a joint venture arranged by JLL that includes a preferred equity contribution from Kimco Realty Corp. Additionally, working on behalf of the new owner, JLL placed the three-year, floating-rate, non-recourse loan with an affiliate of Heitman. The RIM marks the largest open-air shopping center trade in square footage in the U.S. to sell year-to-date.
JLL: The Rim marks largest open-air shopping center sale of the year - San Antonio Business Journal
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Dallas-based owner buys a high-profile McKinney shopping center
McKinney Marketplace is on U.S. 75 near S.H. 121.
McKinney Marketplace is anchored by a Kohl s department store.(JLL )
A high-profile North Texas shopping center has changed hands.
The McKinney Marketplace retail center is on U.S. Highway 75 in McKinney. Built in 2000, the almost 119,000-square-foot property is anchored by a Kohl’s department store and is more than 96% leased.
Other retailers in the center include Dollar Tree, Cato and Wendy’s. There’s also an adjacent Albertson’s supermarket that’s under different ownership.
The McKinney Marketplace trade area has experienced exponential growth and densification over the past 19 years with continued projected growth,” according to property broker Jones Lang LaSalle. “Since 2000, the population of the McKinney Marketplace’s trade area has grown 360%.”
Dec 17, 2020 - 5:26 pm
To say 2020 has been the most unprecedented year for the music industry is redundant as well as an understatement. With all the upheavals that have come with the pandemic, not the least of which are the cessation of in-person live shows and lockdowns that have impeded studio sessions, have come many adjustments and changes in approaches to the creation of music. This has brought about a prolific time for the creators who have successfully pivoted, gaining knowledge and additional skills in the process, which they are taking with them into 2021.
The Recording Academy s Los Angeles Chapter summit, New Year x New Music x New Normal, which took place virtually Wednesday (Dec. 16), explored this topic through four panels that offered a range of perspectives from the various sides of the industry. Each of the 45-minute panels focused on a specific cross section of creatives, including artists, songwriters/producers/A&R, arranger/conductor/composer and m
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